1,024
1.0K
Jan 9, 2013
01/13
by
MSNBCW
tv
eye 1,024
favorite 0
quote 0
we talk about fights over the debt ceiling. but let's be frank. this is going to take some courage from him, isn't it? >> it really is. this is about a mortality clip. not a clip you slip into your gun, but the kind of pace at which we proceed in this nation believing that we are somehow immortal or we are beyond the call of our own common humanity to the cries of children muffled with gunfire that is so rapid and automatic that it leaves in its trail an enormous and hey nous carnage. the president has to say enough is enough. he must be our voice piece. the voice of the people speaks through his own voicebox right now. and he must articulate our outrage, our desire to see something done. and to exercise the leverage he has as president whether as julian said an executive order or ginning up the kind of protest against the outrageousness of the nra or galvanizing the sentiments of this nation to finally say look we have paid the ultimate price. we are talking about abortion, of mortgaging the future. what about the explicit denienl of life to mill
we talk about fights over the debt ceiling. but let's be frank. this is going to take some courage from him, isn't it? >> it really is. this is about a mortality clip. not a clip you slip into your gun, but the kind of pace at which we proceed in this nation believing that we are somehow immortal or we are beyond the call of our own common humanity to the cries of children muffled with gunfire that is so rapid and automatic that it leaves in its trail an enormous and hey nous carnage. the...
227
227
Jan 5, 2013
01/13
by
FOXNEWSW
tv
eye 227
favorite 0
quote 0
to be a part of the debt ceiling debate. spending cuts must be balanced with reforms to our tax code. the wealthest and biggest corporations shouldn't take of loop holes and deductions. it is settled when they raised taxes on the rich . now they want to focus on spending cuts . they are likely to have more leverage . the if the is democrats refuse to take a meaningful statement to make washington live within its mean. that fails to acknowledge what every family knows. when you have no more money in the account and credit cards are maxed stop. that made employers less likely to hire. we can't afford that uncertain ty even with the threat of a default. it could trigger a global recession . >> tomorrow on fox news sunday. john roberts with chris wallace . his guest republican jim jordan from ohio and democratic chris van hollen. check your time for times. >> fox news confirms that and it is chuck haggerty. and james rosen has this report. >> jamie, good evening. two democratic sources confirm to ed henry late yesterday that pre
to be a part of the debt ceiling debate. spending cuts must be balanced with reforms to our tax code. the wealthest and biggest corporations shouldn't take of loop holes and deductions. it is settled when they raised taxes on the rich . now they want to focus on spending cuts . they are likely to have more leverage . the if the is democrats refuse to take a meaningful statement to make washington live within its mean. that fails to acknowledge what every family knows. when you have no more...
358
358
Jan 4, 2013
01/13
by
WETA
tv
eye 358
favorite 0
quote 0
ceiling ceiling increases it is the norm. 11 out of the 14 previous debt ceiling increases have legislation to affect the greater deficit with them. so we should recognize that's how it's going to end up. the president should put the legislation he wants on the table and we should go from there. we shouldn't have this silliness that somehow we're going to raise the debt ceiling and ignore the debt. >> brown: but i'm wondering now, you all three watched the economics of our political system and we saw judy's piece looking at a new congress. a lot of people are talking about a broken political system, looking at what just happened. >> it feels broken right now. it feels like we should have a political system that is not up to making difficult choices and solving hard problems. and compromising when it's so much easier to just pull back and start sort of playing the blame game. but this is too important. when we're talking about health care costs or the aging of society these are issues we know are there and we're going to disagree about the way to address them but you can't pretend we don't h
ceiling ceiling increases it is the norm. 11 out of the 14 previous debt ceiling increases have legislation to affect the greater deficit with them. so we should recognize that's how it's going to end up. the president should put the legislation he wants on the table and we should go from there. we shouldn't have this silliness that somehow we're going to raise the debt ceiling and ignore the debt. >> brown: but i'm wondering now, you all three watched the economics of our political...
134
134
tv
eye 134
favorite 0
quote 0
ceiling, and dealing with spending cuts that could include negotiations over programs like medicare. lester? >> all right, kelly, thanks. >>> one new member of congress, the junior senator from the state of maine, is already making a name for himself. tom brokaw is here tonight with more on a man who says he wants to do the people's business in a better way than we've seen lately. hi, tom. >> lester, we don't often think of maine and royalty in the same sentence. but tonight i am reporting on the king of maine. that would be angus king, near republican or democrat, officially independent. a former two-term governor, he promised a new approach. and it paid off. >> i do. >> my favorite line from the campaign is a guy up north who said "all my life i've wanted a chance to vote for none of the above and you're it." >> it's been difficult to envision this day when i would be saying farewell -- >> reporter: king is replacing olympia snow, a respected republican senator who quit in frustration over washington's deadlocked ways. >> she said, i can't make it work. my thinking was, well, we ha
ceiling, and dealing with spending cuts that could include negotiations over programs like medicare. lester? >> all right, kelly, thanks. >>> one new member of congress, the junior senator from the state of maine, is already making a name for himself. tom brokaw is here tonight with more on a man who says he wants to do the people's business in a better way than we've seen lately. hi, tom. >> lester, we don't often think of maine and royalty in the same sentence. but...
1,053
1.1K
Jan 9, 2013
01/13
by
KNTV
tv
eye 1,053
favorite 0
quote 0
you have a number of other things that you can do that includes the debt ceiling. my point is that you have to get to the table and start working now. if we wait before the week or so before to start talking to each other we won't get it done. >> you forged a nice relationship with the president in the wake of hurricane sandy. you guys hit it off. there was that bromance that everyone talk about. do you still have his ear? might you be of some use as he approaches republicans during this debate? >> i don't offer my advice to the president in that way. what i've dealt with the president on is hurricane sandy and that's what the nature of our relationship is. he is not calling me matt at 11:00 at night and saying, hey, chris, what are you thinking about this? that's not how the relationship works. the fact is, i'll continue to speak out publicly about the things that i think are important, and anybody in washington, d.c. who wants to come to new jersey and see om of the stuff we're doing, how i'm working with the democratic legislature to try to bring compromise and
you have a number of other things that you can do that includes the debt ceiling. my point is that you have to get to the table and start working now. if we wait before the week or so before to start talking to each other we won't get it done. >> you forged a nice relationship with the president in the wake of hurricane sandy. you guys hit it off. there was that bromance that everyone talk about. do you still have his ear? might you be of some use as he approaches republicans during this...
315
315
Jan 5, 2013
01/13
by
MSNBCW
tv
eye 315
favorite 0
quote 0
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
114
114
Jan 4, 2013
01/13
by
MSNBCW
tv
eye 114
favorite 0
quote 0
not be on the table. >> debt ceiling is a separate issue. the bottom line is congress incurs bills, they have to be paid, and the debt ceiling is not going to be a component of these negotiations. >> so now president and the democrats need to make sure that they hold the line. liberals want him to do just that. president obama already has a mechanism in place to engage americans. he can go directly to the american people. the president already plans to use the bully pulpit of his state of the union address to make the case. he's also pushing forward with other reforms like immigration. administration officials do not want the president's second term to be sidelined by a financial brawl. but while the president engages republicans on other legislative agendas, the country needs to stay invested in this economic fight on capitol hill. democrats and progressives, they know this fight. they did it well in the 2012 campaign. they fought hard during the fiscal cliff fight and won that. clearly. this is basically the start of a new campaign. if you
not be on the table. >> debt ceiling is a separate issue. the bottom line is congress incurs bills, they have to be paid, and the debt ceiling is not going to be a component of these negotiations. >> so now president and the democrats need to make sure that they hold the line. liberals want him to do just that. president obama already has a mechanism in place to engage americans. he can go directly to the american people. the president already plans to use the bully pulpit of his...
85
85
Jan 7, 2013
01/13
by
CSPAN2
tv
eye 85
favorite 0
quote 0
ceiling deals, averted sequestration or not averted sequestration, this is a very timely period to be having this conversation. and fortunately, we're joined by a fantastic panel of experts to help us cut through some of this confusion, but even more importantly, pull back and look at some of the bigger strategic questions that are out there. joined by three folks here, mike o'hanlon, who you already met, senior fellow and director of research of foreign policy here at brookings. he's one of the most important and prolific voices in defense issues, written literally hundreds of op-eds, columns and articles including one to point you out to that's up on foreignpolicy.com's web site right now looking at defense budget scenarios. his most recent books include "the opportunity: why nuclear arms control is still important" and very appropriate to today's event, "the wounded giant." then we're joined by richard betts who's one of the top thinkers and teachers in the field of security studies. he's a salzmann professor at columbia university. his numerous books have garnered critical success
ceiling deals, averted sequestration or not averted sequestration, this is a very timely period to be having this conversation. and fortunately, we're joined by a fantastic panel of experts to help us cut through some of this confusion, but even more importantly, pull back and look at some of the bigger strategic questions that are out there. joined by three folks here, mike o'hanlon, who you already met, senior fellow and director of research of foreign policy here at brookings. he's one of...
81
81
Jan 9, 2013
01/13
by
WETA
tv
eye 81
favorite 0
quote 0
the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to pick and choose which bills the feds will pay. >> even if it were clear that the treasury secretary could do that, pick and choose, the ability, the real ability to reprogram all of the software in treasury's computers which connect to all of the computer software in the various agencies is not something that can be done in ten minutes or ten days or ten weeks. so you have the right to do it, but you don't have the ability to do it. >> reporter: the treasury uses a separate computer system to make interest payments on the federal debt so it is possible investors would get what they are owed. but what happens with social security, medicare and federal employee pay, is less clear. so secretary lew would have to make a dec
the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to pick and choose which bills the feds will pay. >> even if it were clear that the treasury secretary could do that, pick and choose, the ability, the real ability to...
146
146
Jan 11, 2013
01/13
by
CNBC
tv
eye 146
favorite 0
quote 0
ceiling, that is, if republicans don't agree to raise the debt ceiling. they would like the president to do almost anything he can, including what -- apparently what they call the constitutional option which is the 14th amendment in which the president would simply say that it's unconstitutional not to honor the nation's debt and simply refuse to go along with the debt ceiling itself. maria? >> all right. eamon, thanks very much. >> howard, given what eamon just reported and the fact that you made the statement that we need to cut spending a lot with the emif a sis on a lot, it doesn't sound like the president isn't ready to listen to you. >> when they did the fiscal cliff deal which was a relative nothing, raised a lot of taxes and didn't cut any spending. >> exactly. >> so when they did that deal, they kicked the cuts -- the cuts in the pentagon and the human services $1.2 trillion down the road for two months, so there may yet be a ton of spending cuts. that's what i'm hoping for, and i think -- i think the suggestion that there's got to be some signif
ceiling, that is, if republicans don't agree to raise the debt ceiling. they would like the president to do almost anything he can, including what -- apparently what they call the constitutional option which is the 14th amendment in which the president would simply say that it's unconstitutional not to honor the nation's debt and simply refuse to go along with the debt ceiling itself. maria? >> all right. eamon, thanks very much. >> howard, given what eamon just reported and the...
113
113
Jan 11, 2013
01/13
by
MSNBCW
tv
eye 113
favorite 0
quote 0
. >> karl rove blows up the republican debt ceiling ruse. americans living in poverty is at an all-time high. senator bernie sanders is here with the outrage on inequality. >>> junior seau's test results may finally push the nfl to address head injuries. we're taking a look into the findings. >>> oscar nominations were released today. but how heavy will politics weigh with the academy? >> they stay here, they will be taken. probably not alive. >> david edelstein gives us the scoop. >>> good to have you with us tonight, folks. thanks for watching. another group of parents received the terrifying news today when a shooting erupted at their children's school. at the exact time vice president joe biden was meeting with groups on solutions to gun violence a gunman opened fire at a high school in bakersfield, california about 120 miles northwest of los angeles. police say a 16-year-old shooter was armed with a shotgun. at least two people were shot, including one student who was in critical condition. there is usually an armed police officer at th
. >> karl rove blows up the republican debt ceiling ruse. americans living in poverty is at an all-time high. senator bernie sanders is here with the outrage on inequality. >>> junior seau's test results may finally push the nfl to address head injuries. we're taking a look into the findings. >>> oscar nominations were released today. but how heavy will politics weigh with the academy? >> they stay here, they will be taken. probably not alive. >> david...
142
142
Jan 9, 2013
01/13
by
FOXNEWSW
tv
eye 142
favorite 0
quote 0
up next, will president obama try a political end-around congress on the debt ceiling? humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. >> bret: 11 people were hurt when a commuteer ferry slammed in a dock in the financial district. it happened at the pier in southern manhattan. 330 passengers and crew were aboard the ferry. around 50 suffered minor injuries. no word yet on police say the ferry crew passed alcohol-breath tests. house democrats throw out the first jab in what is expected to be a political fistfight over the debt ceiling. the president has the authority to circumvent congress and raise the bar rowing limit on its own. -- wor rowing limit on his own. the
up next, will president obama try a political end-around congress on the debt ceiling? humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ we're lucky, it's not every day you find a companion as loyal...
105
105
Jan 9, 2013
01/13
by
MSNBCW
tv
eye 105
favorite 0
quote 0
debt ceiling. government shutdown. do you believe the debt ceiling should be used as leverage? >> we have three impending moments. the debt ceiling, the continuing resolution to fund the government, and then the sequester spending cuts that have been delayed for 60 days. no one in the republican conference is talking about a default on our sovereign debt. but we do need to use these moments to address the spending explosion that we've seen in the last four years of the obama administration. >> are you saying you want to say debt ceiling, maybe set that aside and focus more on the other two? >> i'm saying the treasury has more than enough tax receipts every month to pay the interest on our sovereign debt. so there's nobody but barack obama who's talking about a default on our sovereign debt. we can prioritize payments on a monthly basis to ensure there's no default. then we can have the hard negotiations necessary to get spending back under control. >> you are saying, hey, don't raise the debt ceiling. make treasury -- >> unless there's real spending cuts, unless there's real st
debt ceiling. government shutdown. do you believe the debt ceiling should be used as leverage? >> we have three impending moments. the debt ceiling, the continuing resolution to fund the government, and then the sequester spending cuts that have been delayed for 60 days. no one in the republican conference is talking about a default on our sovereign debt. but we do need to use these moments to address the spending explosion that we've seen in the last four years of the obama...
233
233
Jan 9, 2013
01/13
by
CNBC
tv
eye 233
favorite 0
quote 0
i've got a problem with the debt ceiling. let me pick a guy who almost all sides agree is one of the foremost experts when it comes to the budget. >> rick, what do you think? jump in here. >> well, you know, carlton college, harvard, '73 and a to tip o'neill, a former lifer bureaucrat here. instead of someone like a jamie dimon, and i think steve is absolutely right. i don't think there's a human being on the planet who knows the current budget and its issues better than jack lew which is exactly the reason i would say he's absolutely not my first choice for the job or the fifth guy in line to be president should anything happen to the other four because i think he's going to have a parental relationship, so to speak, with the budget and its process in trying to change it, and i think that that paternal instinct is going to be defending it versus, you know, actually trying to make a difference. looking at the budget even though we technically haven't had one. we've had continuing resolutions. i think we need someone that will
i've got a problem with the debt ceiling. let me pick a guy who almost all sides agree is one of the foremost experts when it comes to the budget. >> rick, what do you think? jump in here. >> well, you know, carlton college, harvard, '73 and a to tip o'neill, a former lifer bureaucrat here. instead of someone like a jamie dimon, and i think steve is absolutely right. i don't think there's a human being on the planet who knows the current budget and its issues better than jack lew...
161
161
Jan 9, 2013
01/13
by
CURRENT
tv
eye 161
favorite 0
quote 0
president obama has said he will not negotiate with republicans over raising the debt ceiling. and yet they say that he's going to have to and they're going to make commands on him if he wants to raise it. are liberals going to say that obama is caving way too soon? >> he's already caved. already by allowing this to go to another day, that was a cave-in. we've heard him say how many times he won't negotiate with republicans. i love this idea. and i think you know, people are saying it is crazy but the other side what they're going to do is very, very crazy. but the president doesn't like to do things like this. and i can't see him actually doing it. >> john: going big? >> i can't see it happening. >> john: let's move on to another fight the president is about to face, the nomination of chuck hagel former republican senator from nebraska, for secretary of defense. rick, what makes chuck hagel harder to get confirmed? his anti-gay comments from 15 years ago his reference to the jewish lobby or the fact that obama likes him for the gig? >> probably the last. because this is all ab
president obama has said he will not negotiate with republicans over raising the debt ceiling. and yet they say that he's going to have to and they're going to make commands on him if he wants to raise it. are liberals going to say that obama is caving way too soon? >> he's already caved. already by allowing this to go to another day, that was a cave-in. we've heard him say how many times he won't negotiate with republicans. i love this idea. and i think you know, people are saying it is...
343
343
Jan 4, 2013
01/13
by
CNBC
tv
eye 343
favorite 0
quote 0
debt ceiling. >> what they also couldn't say is once we get to a bad june and the risk that washington, d.c. will destroy the economy drop, maybe we don't have to be so aggressive. but they can't admit that the roept they buy it this way is because they have -- but these minutes were before the fiscal cliff. >> i think the fed was so easy in part because -- >> oh, we should feel so good about what they came up with. no spending cuts and a just a big tax increase. gosh, they did such a great job. can you imagine the guy that will take a victory lap for not addressing our spending problems one iota? obama, how can you say you won and, gosh, be smiling and patting yourself on the back. >> because he defined the problem as not having enough tax revenue. but now we can see right after they do the cliff, we have s&p, moody's, the imf coming out and saying, this doesn't come close. the problem all along has been spending. t the republicans got the right issue and the wrong chart. >> the chart yesterday sh
debt ceiling. >> what they also couldn't say is once we get to a bad june and the risk that washington, d.c. will destroy the economy drop, maybe we don't have to be so aggressive. but they can't admit that the roept they buy it this way is because they have -- but these minutes were before the fiscal cliff. >> i think the fed was so easy in part because -- >> oh, we should feel so good about what they came up with. no spending cuts and a just a big tax increase. gosh, they...
1,275
1.3K
Jan 9, 2013
01/13
by
FOXNEWSW
tv
eye 1,275
favorite 0
quote 0
. >> he's reinvestments right now to stave off default of the debt ceiling. >> greta: today has there been any discussions that you know of between the white house and capitol hill what to do about the debt ceiling or sequestration by the principals? >> not that i know of. right now we're seeing posturing that happens, republicans are saying that there has to be an equal number of spending cuts for every dollar the debt ceiling is raised and the white house making it clear their position, they're quote not going to negotiate on the death ceiling or held hostage. we're kind of at a stand still. >> greta: and i know you're reporter and comment, the idea that we're going to go broke in weeks, and no more money under stones and downgraded, and not able to meet our obligation, internationally and fact that the principals aren't talking and posturing is appalling. and any plans to, timothy geithner is going to be leaving before this is resolved as secretary? >> looks that way, looks like very soon to be an announcement, jack lew chief of staff to president obama will be replacing timothy ge
. >> he's reinvestments right now to stave off default of the debt ceiling. >> greta: today has there been any discussions that you know of between the white house and capitol hill what to do about the debt ceiling or sequestration by the principals? >> not that i know of. right now we're seeing posturing that happens, republicans are saying that there has to be an equal number of spending cuts for every dollar the debt ceiling is raised and the white house making it clear...
116
116
Jan 9, 2013
01/13
by
FOXNEWSW
tv
eye 116
favorite 0
quote 0
with respect to the debt ceiling, we have the default. if fiscal conservatives can stand together we can have some substantive reforms, pro reforms, if not a default and obama it going to say that over and over and over again, we should be clear, it's not a default we should always, always, all the pay our debt. what it would be a partial government shutdown. we saw it in 1995 with republicans in congress. >> sean: it worked. we got to a balanced budget for the first time. >> year after year after year. >> sean: all right. let me ask you, there seems to be this trial balloon, i'll talk a little more about the next segment and if you look at article 1, constitution, says all legislative powers here granted shall be invested in congress and goes on spending is in the house of representatives. >> yes. >> sean: it seems floating that trial balloon they want to use 14th amendment, section 4, as the debt. why constitutional, in your authority, is that? it's never been tried before. we've never had debt like this before. if he tries to circumven
with respect to the debt ceiling, we have the default. if fiscal conservatives can stand together we can have some substantive reforms, pro reforms, if not a default and obama it going to say that over and over and over again, we should be clear, it's not a default we should always, always, all the pay our debt. what it would be a partial government shutdown. we saw it in 1995 with republicans in congress. >> sean: it worked. we got to a balanced budget for the first time. >> year...
158
158
Jan 11, 2013
01/13
by
FBC
tv
eye 158
favorite 0
quote 1
democrats say are not done raising revenue they're demanding higher taxes with the debt ceiling. but the president says he will then negotiate so he will have to raise taxes unilaterally. he does a lot of that. who thought we would see president taking credit for making the bush tax cuts permanent? he is bragging now they're permanent. 98 percent of americans anyway. i love politics. >> america is tattoo obsession body art covering bodies and faces of celebrities and use. our psychologists will describe the east epidemic. >> a deadly outbreak of the flu declarers the state of emergency. the worst outbreak in years. the nra goes to the white house for a meeting and comes out swinging. the "a team." next. [ male announcer ] where do you turn for legal matters? alegalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with
democrats say are not done raising revenue they're demanding higher taxes with the debt ceiling. but the president says he will then negotiate so he will have to raise taxes unilaterally. he does a lot of that. who thought we would see president taking credit for making the bush tax cuts permanent? he is bragging now they're permanent. 98 percent of americans anyway. i love politics. >> america is tattoo obsession body art covering bodies and faces of celebrities and use. our...
159
159
Jan 10, 2013
01/13
by
CNNW
tv
eye 159
favorite 0
quote 0
the debate is about the debt ceiling. ke sequester and budgets. no learning for lew. he is qualified to take on the budget battles about to engulf washington right now. on the money menu, china sees trade soar in diagram. before you change the channel, understand that china's gain is a sign that things are picking up here in the united states. exports jumped 14% at the end of the year compared to 12 months ago. that's important because the economy has been slowing down for seven quarters likely because of malaise. i have been saying things are starting to look up for the u.s. economy in 2013 and a boost in imports is one of the indicators that tend to confirm the sentiment. the one thing that could ruin this is the battle on capitol hill. democrats and republicans resulted to tactics that cost the u.s. the iron clad credit rating. the economy suffered. president obama will want the tax revenue hikes to any spending cuts that republicans insist on. to do that they would have to tap into politically sensitive deductions and for perspective, the deducks and exclusions co
the debate is about the debt ceiling. ke sequester and budgets. no learning for lew. he is qualified to take on the budget battles about to engulf washington right now. on the money menu, china sees trade soar in diagram. before you change the channel, understand that china's gain is a sign that things are picking up here in the united states. exports jumped 14% at the end of the year compared to 12 months ago. that's important because the economy has been slowing down for seven quarters likely...
153
153
tv
eye 153
favorite 0
quote 0
ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts with tax reform as well as immigration issues and infrastructure issues. >> i hear the same message from business people across the country. we need more certainty from washington if we're going to kick start growth in this economy. is washington helping or hindering in a bid to bring unemployment down in the country? >> being the optimist that i am, i say washington is attempting to help. what was passed at the end of the calendar year was a good first start. but there's a lot more that needs to be done. they are helping. if we can get past some of the partisanship and get into citizenship, we can move along a lot more quickly. businesses are frustrated. >> what are the bigger things you mentioned, the things america needs to do to stay competitive in this challenging economic environment domestically and globally? >> absolutely. first, you've got to get through the fiscal issues. ba
ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts with tax reform as well as immigration issues and infrastructure issues. >> i hear the same message from business people across the country. we need more certainty from washington if we're going to kick start growth in this economy. is washington helping or hindering in a bid to bring unemployment down in the country? >> being the optimist that i am, i say washington is...
216
216
Jan 5, 2013
01/13
by
WUSA
tv
eye 216
favorite 0
quote 0
. >> we've got some pretty significant battles coming our way like the debt ceiling for example. what else? >> it looks like guns -- it looks like the white house is prepared to challenge the republicans and national republicans on the gun control in the way of the newtown shooting and aurora shooting. they're not willing to compromise. immigration reform the president says it will be one of his high priorities. republicans are still figuring out where they are on that. there's talk about compromise. i don't think it's that realist realistic realistic. and then, of course you know we went through this chaos and consternation with the fiscal cliff. if people are out there breathing a sigh of relief if that's behind us don't. it's basically that they punted it now. now we have a fight over the debt ceiling which the country will hit in about a month when the government runs out of the borrowing authority and all the issues are on the table. how much revenue should we bring in should we cut spending and the fate of the economy is sort oftown on the brink. both sides are saying i'm n
. >> we've got some pretty significant battles coming our way like the debt ceiling for example. what else? >> it looks like guns -- it looks like the white house is prepared to challenge the republicans and national republicans on the gun control in the way of the newtown shooting and aurora shooting. they're not willing to compromise. immigration reform the president says it will be one of his high priorities. republicans are still figuring out where they are on that. there's talk...
199
199
Jan 9, 2013
01/13
by
CNBC
tv
eye 199
favorite 0
quote 0
if we have a problem with the debt ceiling. china is straight up. what is klaus's view on china? he thinks the new regime came in and said, you know what, we've been way too tight, way too worried about inflation. let's put on the jets, infrastructure spend. what i think they're developing in china, and i candidly get this from klaas, it's a sewer situation. i know that sounds strange. but literally they've got to do infrastructure underneath the cities. there's trillions of dollars to spend. i like the call for what he says about china. it is bullish. >> as a theme, a year where a lot of investors i've talked to, it's somewhat themeless. so they're looking for things that they can build a portfolio. >> china, autos, trucks. talking about 11% growth, back to double digit growth in china, i listened to byron. i wanted to slit my throat because he's aggressive about the s&p. now back to china. >> byron on china said the reformers are actually going to make some traction this year, and shares up 20%. >> that is all good news. so instead of being emergency trach yo tracheotomy with a
if we have a problem with the debt ceiling. china is straight up. what is klaus's view on china? he thinks the new regime came in and said, you know what, we've been way too tight, way too worried about inflation. let's put on the jets, infrastructure spend. what i think they're developing in china, and i candidly get this from klaas, it's a sewer situation. i know that sounds strange. but literally they've got to do infrastructure underneath the cities. there's trillions of dollars to spend. i...
209
209
Jan 8, 2013
01/13
by
MSNBCW
tv
eye 209
favorite 0
quote 0
he slammed the door on debt ceiling negotiations demanding congress raise it without drama and says he's ready to be tough on gun control but remember the president doesn't have to worry about re-election ever again. so expect his second term agenda to look a lot like this. full of overtures to the base which criticized him over the last four years for caving to republicans. to help decipher what to expect in the next four years, we start with nbc's peter alexander outside of the white house and "the washington post" david nakamura. peter, look, you could describe the first term and the first few months since being re-elected as a confident obama. making bold cabinet picks. laying out a very ambitious agenda, adding gun legislation to the docket or you could describe it as almost confident. you know, he backed away from the susan rice pick. he gave in on taxing the top income earners at the rate he wanted. and so far he's really just tiptoed kind of cautiously around gun control. so this a confident obama based on the agenda you're seeing or a caution one? >> reporter: focusing on foreig
he slammed the door on debt ceiling negotiations demanding congress raise it without drama and says he's ready to be tough on gun control but remember the president doesn't have to worry about re-election ever again. so expect his second term agenda to look a lot like this. full of overtures to the base which criticized him over the last four years for caving to republicans. to help decipher what to expect in the next four years, we start with nbc's peter alexander outside of the white house...
167
167
Jan 9, 2013
01/13
by
KPIX
tv
eye 167
favorite 0
quote 0
. ♪ [ continues ] [ gasping ] >>> i saw a fascinating report about the debt ceiling on cnn. take a look at this. >> in the coming weeks congress will once again grapple with america's spiraling national debt currently around $16 trillion. the exact figure is calculated constantly by the national debt clock, a clock, costing nearly $4 bill per day to operate the national debt clock is the cause of most of the national debt. more news after this. >> i didn't know that. $4 billion to operate the clock. >> that's why letterman said let's just unplug the clock and we'll solve the whole debt problem. very, very funny. >>> now to a story that's not so funny and causing a lot of concerns. boeing's groundbreaking 787 dreamliner was delayed for years because of produced trouble. now the company is dealing with two new 787 incidents in the past two days. >> boeing's stock is falling after the latest problems with the dreamliner. as mark strassmann reports, one of those jets sprung a leak yesterday before takeoff. >> reporter: as the boeing 787 dreamliner taxied to the runway approximat
. ♪ [ continues ] [ gasping ] >>> i saw a fascinating report about the debt ceiling on cnn. take a look at this. >> in the coming weeks congress will once again grapple with america's spiraling national debt currently around $16 trillion. the exact figure is calculated constantly by the national debt clock, a clock, costing nearly $4 bill per day to operate the national debt clock is the cause of most of the national debt. more news after this. >> i didn't know that. $4...
237
237
Jan 8, 2013
01/13
by
MSNBCW
tv
eye 237
favorite 0
quote 0
. >> this should be going on, a number of issues going on, gun control, the debt ceiling debate, immigration reform, another issue. you've been very outspoken on it. it will come up in the next few months hopefully. the way you talk about immigration, mr. mayor, the whole debate about immigration reform is on the scales of what kind of burden does immigration pose to the country, how do we manage the burden. you said, it's not a burden. a jolt to our economy. >> most knowledgeable people would agree immigrants create jobs here. immigrants are a thousand times more likely to have a business, don't take away jobs, create jobs. seasonal workers take jobs from nobody and do things americans won't do and create jobs down the road. the economic benefits of having immigrants around the world, the countries starting to eat our lunch doing it because they want immigrants and we are trying to keep them out. the issue where it gets controversial, family reunification, you're here an want to bring your family over. the family reunification people are trying to hold the economic immigration changes hosta
. >> this should be going on, a number of issues going on, gun control, the debt ceiling debate, immigration reform, another issue. you've been very outspoken on it. it will come up in the next few months hopefully. the way you talk about immigration, mr. mayor, the whole debate about immigration reform is on the scales of what kind of burden does immigration pose to the country, how do we manage the burden. you said, it's not a burden. a jolt to our economy. >> most knowledgeable...
245
245
Jan 9, 2013
01/13
by
FOXNEWSW
tv
eye 245
favorite 0
quote 0
wasn't part of the impending negotiations now with the debt ceiling, wasn't it dependent on the fact that the senate would have to pass a budget? i think they were trying to put the onus on them. it's a good idea. >> brian: do you know they have a committee system where the president is supposed to submit it to the budget committee, that they look at it and then put it to the jensenly. we don't even do that. >> steve: john boehner made it clear he's going back to the way they did it for years and years and that is out in the open, house will do its business, send it to the senate and then they'll figure it out with the president. >> gretchen: let's do some headlines for you now because the widow of the million dollars lottery winner says she has no idea who poisoned her husband with cyanide. she says he had no enemies. earlier on "fox & friends," forensic pathologist said exhuming his body could be a mistake. >> the purpose is not to find out the cause of death. what it may be is determine how it was given. is there cyanide in the stomach, which would indicate it came in food? but no
wasn't part of the impending negotiations now with the debt ceiling, wasn't it dependent on the fact that the senate would have to pass a budget? i think they were trying to put the onus on them. it's a good idea. >> brian: do you know they have a committee system where the president is supposed to submit it to the budget committee, that they look at it and then put it to the jensenly. we don't even do that. >> steve: john boehner made it clear he's going back to the way they did it...
116
116
tv
eye 116
favorite 0
quote 0
hitting debt ceiling doesn't do it. >> we have go different issues. one is the debt ceiling. the second is the sequester. doug is right, debt ceiling expiring doesn't automatically cut spending but the sequester does. cuts across the board manner, social security, medicare and medicaid are exempted. deep cuts into the military and discretionary spending will go into effect. those things will happen simultaneously and force people back into the bargaining table to come up with at least a temporary patch. melissa: solving the problem in the long run is the real problem we have. governor, how do we deal with that? this is fundamental disagreement between two groups of people one side believes the government should get larger and have a bigger role and needs more revenue to do that the other side thinks we need to shrink government. those are so diametrically opposed points of view. i don't know how even though we're at this crisis point how do you resolve that fundamentally different point of view? >> well, look that different point of view has been going on since, you know, ham
hitting debt ceiling doesn't do it. >> we have go different issues. one is the debt ceiling. the second is the sequester. doug is right, debt ceiling expiring doesn't automatically cut spending but the sequester does. cuts across the board manner, social security, medicare and medicaid are exempted. deep cuts into the military and discretionary spending will go into effect. those things will happen simultaneously and force people back into the bargaining table to come up with at least a...
94
94
Jan 9, 2013
01/13
by
CSPAN
tv
eye 94
favorite 0
quote 0
we will not negotiate over raising the debt ceiling. as the president said, he has demonstrated repeatedly that he is willing to compromise when it comes to moving forward with deficit reduction. we obviously because of the sequester and the cr and other issues have economic, budgetary, and fiscal challenges that we need to confront, and that requires discussion and negotiation with congress. but he will not negotiate over the fundamental responsibility that only congress has to raise the debt ceiling. and if that is a responsibility that is just too onerous for them to bear, they should pass it off to the president as they did previously. he will not negotiate over raising the debt ceiling. this is not -- were not going to play a hostage-situation game where the economy of the united states and the world suffers because of an insistence on a political agenda by one party and one house of congress -- or one party in both houses of congress. >> so if none of those things happens, and then -- so it's kind of a game of chicken -- and then
we will not negotiate over raising the debt ceiling. as the president said, he has demonstrated repeatedly that he is willing to compromise when it comes to moving forward with deficit reduction. we obviously because of the sequester and the cr and other issues have economic, budgetary, and fiscal challenges that we need to confront, and that requires discussion and negotiation with congress. but he will not negotiate over the fundamental responsibility that only congress has to raise the debt...
120
120
Jan 5, 2013
01/13
by
CNNW
tv
eye 120
favorite 0
quote 0
the president's going to have to raise it, and the debt ceiling is not the problem. the problem is the debt and the spending that's driving the debt. and so the number one thing is to avoid, "a," the notion that speaker boehner can trot down to the white house and somehow we can solve the nation's problems or, "b," that we want do this at the 11th hour at all. instead we want our congress and our president to do their job. and i for one believe that in moments like this, presidential leadership is an imperative. but the president doesn't want to put a plan out, and he's shown no appetite for taking on this problem. then the house should pass something, and the senate needs to act. all right, robert. >> they have not had the senate pass anything in years. >> robert, shouldn't the president be the one that comes out with a plan and says this, look, i'm so sick of this petty, stupid, sandbox unpleasantness rather than the word i would prefer to use there, i'm sick of it, and so i'm going to put out, here's my plan. >> yes. erin, the president has put out a plan. he put
the president's going to have to raise it, and the debt ceiling is not the problem. the problem is the debt and the spending that's driving the debt. and so the number one thing is to avoid, "a," the notion that speaker boehner can trot down to the white house and somehow we can solve the nation's problems or, "b," that we want do this at the 11th hour at all. instead we want our congress and our president to do their job. and i for one believe that in moments like this,...
86
86
tv
eye 86
favorite 0
quote 0
cheryl: what about worried about the debt ceiling debate? we are about to go through another round of arguing in washington. what do you think they should do to stimulate and build jobs in this country which we still don't have on a meaningful level? >> just get it done is what they should do. it is not just the debt ceiling. it is the point of live ridge. the issue is how much are we going to cut from federal government spending to get the budget deficit in line with what it needs to be on long-term basis and they are already squabbling over that. the other king is talking about discretionary spending and entitlement represent 60% of overall outlays. we really cannot get to the promised land unless we also addressed the entitlement situation which of course is politically unpopular because politicians, threaten their job security. cheryl: what do you say? should we address retirements? >> fiscal cliff 2.0, some people like talking about it today. we have to be careful. we can't take a stir approach and have across-the-board cuts. we have to
cheryl: what about worried about the debt ceiling debate? we are about to go through another round of arguing in washington. what do you think they should do to stimulate and build jobs in this country which we still don't have on a meaningful level? >> just get it done is what they should do. it is not just the debt ceiling. it is the point of live ridge. the issue is how much are we going to cut from federal government spending to get the budget deficit in line with what it needs to be...
100
100
tv
eye 100
favorite 0
quote 0
all i can think about is the debt ceiling debate and we saw 2000 points stripped off without. what you think? >> well, it could bea real problem. the last big one we had was 1995, 1996, that was certainly a disaster for me publican sampling. it is not the right way to do things. it's a stupid way of trying to manage the budget. >> i couldn't agree with you more. the fact is this house of representatives is the last vestigofrepublicanism as when it comes to power in washington right now. i think their expectations are significantly well beyond the reality is what they can accomplish, or am i wrong? >> the house of representatives has originate all spending cuts. lou: another 4 trillion over the course of the next 10 years. 22 trillion at the end of obama's time i office, we are going to be looking at $26,000 in debt. thank you, mr. obama. >> the basic poi is that the american people know that we have to have cutbacks in entitlement programs. lou: let's set aside the european tax rates. [talking over each other] lou: let me ask you this. if you don't think that the republicans e
all i can think about is the debt ceiling debate and we saw 2000 points stripped off without. what you think? >> well, it could bea real problem. the last big one we had was 1995, 1996, that was certainly a disaster for me publican sampling. it is not the right way to do things. it's a stupid way of trying to manage the budget. >> i couldn't agree with you more. the fact is this house of representatives is the last vestigofrepublicanism as when it comes to power in washington right...
96
96
Jan 4, 2013
01/13
by
WUSA
tv
eye 96
favorite 0
quote 0
with the looming debt ceiling crisis lawmakers have to figure out where to cut spending which has proved not to be an easy task with partisan politics at play. >> we have to be able to take back common ground. we all agree we've got to deal with the national debt. we've got to deal with our deficits. >> the president needs to show up early this time. the american people will not tolerate the kind of last minute crisis that we've seen again and again over the last four years. >> reporter: in washington i'm sandra nedo. >>> a familiar face returning to work to a round of applause today. senator mark kirk back for the first time since he suffered a debilitating stroke almost one year ago. vice president joe biden and senator joe manchin stood by the illinois republican as had he to use a four-pronged cane to climb those 45 steps to the capitol. senator kirk had to learn to walk again after that stroke. >>> d.c. delegate eleanor holmes norton is in her 11th term up on the hill and while she is facing the same legislative calendar as her colleagues, she's also focused on the inauguration and
with the looming debt ceiling crisis lawmakers have to figure out where to cut spending which has proved not to be an easy task with partisan politics at play. >> we have to be able to take back common ground. we all agree we've got to deal with the national debt. we've got to deal with our deficits. >> the president needs to show up early this time. the american people will not tolerate the kind of last minute crisis that we've seen again and again over the last four years....
166
166
Jan 6, 2013
01/13
by
KNTV
tv
eye 166
favorite 0
quote 0
one of his priorities is to get congress to lift the federal debt ceiling. in his weekly address, he said he will not compromise on the issues. >> if congress refuses to give the united states the ability to pay its bills online interesting consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> the nation's credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling in 2011. >>> a whale of a price for a high quality tuna. a bluefin tuna was sold for the egive lenl of $1.7 million in auction in tokyo. the major of the sushi chain was the buyer. he said although the fish was of the highest quality and color, he was surprised at that high purchase price. the fish has already been shipped to the sushi chain where a few lucky customers got a taste. no word on whether it was worth the price. >> strong swimmers proved today that it is possible to escape from a
one of his priorities is to get congress to lift the federal debt ceiling. in his weekly address, he said he will not compromise on the issues. >> if congress refuses to give the united states the ability to pay its bills online interesting consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> the nation's...
179
179
Jan 4, 2013
01/13
by
CNNW
tv
eye 179
favorite 0
quote 0
now, the debt ceiling is for real. we come up against a borrowing limit and the government has to stop paying bills and it is a blunt instrument. i don't think either side wants to blow through the debt ceiling. i think we have to take a little bit of this blusterer with a grain of salt. what we want to take away from this whole period of time. when the government cuts spending it has a negative impact on growth. in the short run it hurts growth. if you look over in europe and austerity measures and governments pull back not so good for economic growth. when we say we want to fix the debt and deficit we have to be careful how soon and how quickly it occurs. >> kind of like after the holidays when you are feeling a little heavy you have to keep eating but you have to be a little more careful. >>> so jill gave us that news. i have other news for you, too. republicans attacking their own after speaker boehner refuses to hold a vote for aid for victims of superstorm sandy. today the vote. my next guest says this fight is a
now, the debt ceiling is for real. we come up against a borrowing limit and the government has to stop paying bills and it is a blunt instrument. i don't think either side wants to blow through the debt ceiling. i think we have to take a little bit of this blusterer with a grain of salt. what we want to take away from this whole period of time. when the government cuts spending it has a negative impact on growth. in the short run it hurts growth. if you look over in europe and austerity...
211
211
Jan 6, 2013
01/13
by
CNNW
tv
eye 211
favorite 0
quote 0
the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he's taking a hard line on the issue. >> one ning i will not compromise over is whether or not congress should pay the tab for a bill they have already racked up. if congress refuses to kbif the united states its ability to pay its bill on top, the consequences could be catastrophic. last time congress threatened this course of action, our economy suffered for it. our families and our businesses can not afford that dangerous game again. >> on the first day of the new congress, lawmakers introduced nearly a dozen bills related to gun violence. they come in the wake of the connecticut school shooting and promises from president obama to take concrete action to avoid another tragedy. >> reporter: as students at sandy hook elementary return to class, former congresswoman gabrielle giffords, nearly killed in a mass shooting two years ago visited newtown, connecticut. and on capitol hill, lawmakers arrived to begin a new session of congress. with me
the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he's taking a hard line on the issue. >> one ning i will not compromise over is whether or not congress should pay the tab for a bill they have already racked up. if congress refuses to kbif the united states its ability to pay its bill on top, the consequences could be catastrophic. last time congress threatened this course of action, our economy suffered for it. our families and our...
144
144
Jan 5, 2013
01/13
by
KQED
tv
eye 144
favorite 0
quote 0
. >> reporter: the worry now is what wrangling in washington over spending cuts and the debt ceiling will mean for hiring. companies continued adding jobs even with the uncertainty over the fiscal cliff. and, many economists believe firms will increase payrolls this year in spite of the debt ceiling debate. >> i don't think that the spending cuts will be as significant headwinds for the u.s. economy because these spending cuts are made over ten- year period. there won't be a significant amount of spending cuts that will take place in 2013, so that's why i think it's less of an issue. >> reporter: still, there's ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. don't forget all americans will see a smaller paycheck this year, because of that change. >> consumers aren't well poised to absorb a 2% tax increase and nonetheless that's what's going to happen, and it's going to keep us stuck in this slow growth territory. >> reporter: and, slow economic growth makes companies less confident about adding new workers. as a result, it
. >> reporter: the worry now is what wrangling in washington over spending cuts and the debt ceiling will mean for hiring. companies continued adding jobs even with the uncertainty over the fiscal cliff. and, many economists believe firms will increase payrolls this year in spite of the debt ceiling debate. >> i don't think that the spending cuts will be as significant headwinds for the u.s. economy because these spending cuts are made over ten- year period. there won't be a...
365
365
Jan 10, 2013
01/13
by
CNBC
tv
eye 365
favorite 0
quote 0
you'll have the debt ceiling. until and unless that becomes a grand solution, a longer term solution where they seem like they're working together, it's very difficult to look at longs abdomen being a quarter or a half proposition. >> also looking at more volatility on the debt ceiling or, what did we just experience with the fiscal cliff? >> i know, i think it's going to be more from a price perspective. but i don't actually expect the vix to spike. the strange thing about the vix is you have to get the long positions and the options to push that up. i think this is expected volatility. i think it's going to be more of a lack of volume volatility. it's going to be one of those things where people don't want to take positions coming into that. january, i think, is going to finish positive. >> bob, thanks for joining thus morning. >> thank you. >> thank you. >>> coming up, we'll have more of the story that have us plucking this morning. plus, a new way for you to rise and is shine in the morning. plus, wake-up call
you'll have the debt ceiling. until and unless that becomes a grand solution, a longer term solution where they seem like they're working together, it's very difficult to look at longs abdomen being a quarter or a half proposition. >> also looking at more volatility on the debt ceiling or, what did we just experience with the fiscal cliff? >> i know, i think it's going to be more from a price perspective. but i don't actually expect the vix to spike. the strange thing about the vix...
181
181
tv
eye 181
favorite 0
quote 0
ceiling. the 51-year-old has been a key figure in fiscal cliff talks. white house chief of staff yord to be in the lead for that job. >> lawmakers took an oath of office. the house reelected john boehner as speaker. among those sworn in were two from the bay area, jared houghman. the district covers the north coast to oregon border and eric swalwell, representing california's new 15th district, peting incumbent, pete stark. it's expected to be a challenging first few months for lawmakers with several deadlines looming. here in washington it's out with the old, in with the new. do you swear and affirm you'll support the united states of the united states? >> the congress was sworn n it's a diverse gru. there are 81 women in the house and a record number of female senators, 20. age taijing the oath of office, the first hindu member, first butdist senator and first openly gay senator. republicans still control the house but with a smaller majority. democrats built on majority by picking up two se
ceiling. the 51-year-old has been a key figure in fiscal cliff talks. white house chief of staff yord to be in the lead for that job. >> lawmakers took an oath of office. the house reelected john boehner as speaker. among those sworn in were two from the bay area, jared houghman. the district covers the north coast to oregon border and eric swalwell, representing california's new 15th district, peting incumbent, pete stark. it's expected to be a challenging first few months for lawmakers...
189
189
Jan 12, 2013
01/13
by
FOXNEWSW
tv
eye 189
favorite 0
quote 0
first the fiscal cliff, the debt ceiling, the sequester coming up and no long-term planning on issues that really affect the american public. >> jamie: julie, that's not my question. with all due respect. i understand that you feel the republicans are standing in the way of what the president wants on some things, but what specifically is his jobs plan? you must know. >> of course, i can tell you the jobs plan he introduced last year and happy to introduce it tomorrow if the republicans said they'd vote on. infrastructure investment and in our states, hire more firemen police and teachers, give tax breaks to companies in order to encourage them to hiring. and tax breaks to americans, to american companies to bring jobs. >> jamie: you're not-- julie, what you're not mentioning is-- >> angela, some of those things sound like they might be helpful. >> yeah, some of those things could be helpful, but the president did have a jobs plan that before the senate and some democrats voted it down. the bottom line, is this, julie, the president has a bully pulpit and doesn't want to talk about hi
first the fiscal cliff, the debt ceiling, the sequester coming up and no long-term planning on issues that really affect the american public. >> jamie: julie, that's not my question. with all due respect. i understand that you feel the republicans are standing in the way of what the president wants on some things, but what specifically is his jobs plan? you must know. >> of course, i can tell you the jobs plan he introduced last year and happy to introduce it tomorrow if the...
196
196
Jan 11, 2013
01/13
by
CNBC
tv
eye 196
favorite 0
quote 0
declining oil prices and the debt ceiling negotiations and new revenue raised by taxing them. you know what? that's the same old, same old. i don't care. like kinder morgan. looking for an entry point. yield above 6%, and currently 5.77%. you know what? if it happens, before they report, i would pounce. bank of america reports on thursday morning. okay. could this be the breakout quarter for bac, b-a-c-. the funny thing about the market. when everyone expects something good, you tend not to go it. the stock super bowl momentarily. this is a long-term positive story that needs to be button weakness, it bothers me that the stock caught two -- not one, but two downgrades in the past week. as you will hear later, short term, some concern. that's just short term, though. citigroup, the first conference call from the new ceo. i will be listening to hear the strategy going forward. the last quarter was terrific, but the ceo got fired immediately after it in a weird and wild tenure. i think the story has calmed down. after the close, we'll get results from capital one. i bet we get on
declining oil prices and the debt ceiling negotiations and new revenue raised by taxing them. you know what? that's the same old, same old. i don't care. like kinder morgan. looking for an entry point. yield above 6%, and currently 5.77%. you know what? if it happens, before they report, i would pounce. bank of america reports on thursday morning. okay. could this be the breakout quarter for bac, b-a-c-. the funny thing about the market. when everyone expects something good, you tend not to go...
245
245
Jan 5, 2013
01/13
by
CNNW
tv
eye 245
favorite 0
quote 0
the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he is taking a hard line on the issue. >> one thing i will not compromise over is whether or not congress should pay the tab for the bill they've already racked up. if congress refuses to give the united states the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> as you would expect, republicans are also drawing a line despite approving the fiscal cliff compromise. gop lawmakers say it was missing something monumental -- long-term spending cuts. here's a clip of their weekly address. >> the simple truth is that we are in this fiscal mess because washington takes too much of your money and then waists it -- then wastes it. that's the real problem and needs a real solution. we have to make sure washington is accountable for every
the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he is taking a hard line on the issue. >> one thing i will not compromise over is whether or not congress should pay the tab for the bill they've already racked up. if congress refuses to give the united states the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire...
150
150
Jan 11, 2013
01/13
by
KQED
tv
eye 150
favorite 0
quote 0
ceiling. if he can survive that battle, global financial fights will probably seem pretty easy. darren gersh, "n.b.r.," washington. >> susie: also in washington today, new rules to protect consumers from risky home loans. the consumer financial protection bureau says the rules make sure home buyers understand exactly what they're getting into, when they take out a loan. lenders now have to determine the borrower's ability to repay the loan. borrowers will have to prove they have a job, meet a minimum credit score, and can afford a loan's monthly payments and related expenses like property taxes. the rules do away with those so- called "no doc" loans where applicants didn't provide any personal financial information, and caused the mortgage mess in the financial crisis. >> joining us now to talk more about the new mortgage rules, raj adabi, of the consumer protection bureau. raj, key rates are gone, and fewer balloon payments. how do this change the kinds of mortgages people can get now. >> it
ceiling. if he can survive that battle, global financial fights will probably seem pretty easy. darren gersh, "n.b.r.," washington. >> susie: also in washington today, new rules to protect consumers from risky home loans. the consumer financial protection bureau says the rules make sure home buyers understand exactly what they're getting into, when they take out a loan. lenders now have to determine the borrower's ability to repay the loan. borrowers will have to prove they have...
1,098
1.1K
Jan 10, 2013
01/13
by
FBC
tv
eye 1,098
favorite 0
quote 0
tracy: coming up, five weeks until we get the debt ceiling. when will washington get serious about fixing the problem? ashley: mcdonald's once again trying. live in chicago with a preview. first, take a look at some of the winners and losers but the dow up 54 points. ♪ ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. but i'm also on a lot of medications that dry my mouth out. i just drank tons of water all the time. it was never enough. i wasn't sure i was going to be able to continue singing. i saw my dentist and he suggested biotene. it feels r
tracy: coming up, five weeks until we get the debt ceiling. when will washington get serious about fixing the problem? ashley: mcdonald's once again trying. live in chicago with a preview. first, take a look at some of the winners and losers but the dow up 54 points. ♪ ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where...
205
205
tv
eye 205
favorite 0
quote 0
and what do republicans plan to do about raising the debt ceiling. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> fans of a popular peninsula ice rink are rallying against a plan to close it. the ice center of san mateo is slated to close on june 1st. the landlord wants to transform the location at the bridge point shopping center into more retail space. but long-time fans of the rink are petitioning the landlord for a change of heart. >>> i mean, it's where most of our skaters, they come here almost every day. their parents drop them off. they feel safe here and for most of our skaters they are sad. they aren't sure what they are going to do, what their coaches are going to do, where they will end up. >> that center has been open for the past 20 years. along with skating, it hosts hockey games for several peninsula hockey leagues. >> again, we were talking about the nhl lockout being over, apparently. with a deal reached so that is good news. also good news is our weather. we have a bit of a warming trend
and what do republicans plan to do about raising the debt ceiling. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> fans of a popular peninsula ice rink are rallying against a plan to close it. the ice center of san mateo is slated to close on june 1st. the landlord wants to transform the location at the bridge point shopping center into more retail space. but long-time fans of the rink are petitioning the landlord for a change of...
114
114
Jan 9, 2013
01/13
by
MSNBCW
tv
eye 114
favorite 0
quote 0
he can't give in on things like the debt ceiling. he's got to put immigration out there. he's got to put gun control out there. but what's going to happen is that a lot of this could conceivably get blocked in the house. and i say to abby, they might have to go through two or three more cycles before they come to their senses. >> i don't disagree with that, unfore chew gnatly. >> abby huntsman and bob schrum, thank you both. >> thank you both. >> coming up, can joe biden take down the nra? big news today on how the american people feel about the nra. it's starting to feel different this time. and paul ryan gets back to that budget on the hill. by signing onto a radical antiabortion person hood bill. he's right back to the extreme. the reporter who broke the story joins us. and the birther king is back in the news. but this time, role is reversed. why is he releasing his birth certificate. you're watching po ining "polit nation" only on the place for politics, msnbc. blaeng blank. >>> have you joined the "politics nation" confers on facebook yet? we hope you will. today, o
he can't give in on things like the debt ceiling. he's got to put immigration out there. he's got to put gun control out there. but what's going to happen is that a lot of this could conceivably get blocked in the house. and i say to abby, they might have to go through two or three more cycles before they come to their senses. >> i don't disagree with that, unfore chew gnatly. >> abby huntsman and bob schrum, thank you both. >> thank you both. >> coming up, can joe biden...
57
57
Jan 12, 2013
01/13
by
FBC
tv
eye 57
favorite 0
quote 0
gerri: you bring a degree point because the first time we had the debt ceiling issue, which is the one now looming in congress, we saved 2,000 points of the stock market. it did not last, thankfully, but it was scary. it may allow the people uneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all they're doing getting in our way causing a lot of banks and warrior necessarily for the american public and investors or a wide. gerri: a broader question. you're a smart guy and you watch all this stuff. one of the things the we're waiting for, listening tour, s&p, moody's, downgrade are dead again, what will happen? we will be the ramifications? how will that hit individual investor portfolios? >> there is a risk that traditionally when they're is a downgrade of a bond rating the value of the bond goes down as well, which means if you own u.s. government securities you're going to suffer a loss of valu
gerri: you bring a degree point because the first time we had the debt ceiling issue, which is the one now looming in congress, we saved 2,000 points of the stock market. it did not last, thankfully, but it was scary. it may allow the people uneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all...
278
278
Jan 10, 2013
01/13
by
CNBC
tv
eye 278
favorite 0
quote 0
jim grant from grant's interest rate observer here with a big warning about the debt ceiling fight, and it may not be what you think he'd say. plus, are women better hedge fund managers than men? maria says yes. a new study agrees. we'll speak with the person behind the data. >> let check the markets right now as we approach the final hour with the dow jones industrial average at highs of the day. take a look at that chart. real momentum going into the close. up 70 point on the dow jones industrial average here. pretty broad-based as well, 13,460, last trade of the blue chip average. nasdaq composite inching back towards the high of the day. noted a it though on the nasdaq, but as you can see, gains of about 11 points and the standard & poor's are 500 index, similar chart pattern here, looking into momentum heading into the close, with a gain on the session of nine points. >> maria, in today's closing bell exchange steven wood and lee munson and our very own rick santelli and gordon charlesoff as well, a cnbc market analyst from rosenblatt securities will join us in just a minute. steve
jim grant from grant's interest rate observer here with a big warning about the debt ceiling fight, and it may not be what you think he'd say. plus, are women better hedge fund managers than men? maria says yes. a new study agrees. we'll speak with the person behind the data. >> let check the markets right now as we approach the final hour with the dow jones industrial average at highs of the day. take a look at that chart. real momentum going into the close. up 70 point on the dow jones...
192
192
Jan 9, 2013
01/13
by
CNNW
tv
eye 192
favorite 0
quote 0
he was a key player during the 2011 debt ceiling talks that almost shut down the government. going to have his work cut out for him. democrats and republicans on capitol hill gear up for that battle over extending the debt ceiling with the global embarrassment that serves as economic policy debate in washington these days. i have a hunch tim gheit neeith won't miss taking part in another one of those showdowns. >>> aig made the right decision, the decision not to join a crabby shareholder lawsuit against the u.s. government. probably heard by now about the lawsuit, led by former aig ceo maurice hank greenberg. it claims the terms of the $182 billion government bailout which saved the company possibly planet earth as well from financial meltdown were too harsh. the lawsuit was looking for $25 billion. pretty outrageous. but the board did have a responsibility to take a look at the lawsuit and decide whether or not to join it. the company's board met today and made the right decision. the case will go forward, however. aig won't be a party to it. the government has divested its
he was a key player during the 2011 debt ceiling talks that almost shut down the government. going to have his work cut out for him. democrats and republicans on capitol hill gear up for that battle over extending the debt ceiling with the global embarrassment that serves as economic policy debate in washington these days. i have a hunch tim gheit neeith won't miss taking part in another one of those showdowns. >>> aig made the right decision, the decision not to join a crabby...
112
112
Jan 10, 2013
01/13
by
CSPAN
tv
eye 112
favorite 0
quote 0
ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by tim geithner and jacob lew. >> good afternoon, everyone. please have a seat. a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month. at the bottom was probably not yet in sight. i could not blame tim when he told me he was not the right guy for the job. [laughter] but on news that tim's extensive experience with economic policy made him eminently qualified and i knew he could hit the ground running. as chairman of the federal reserve, he had just spent chaotic weeks emerged in the crisis and had been working with the treasury to save the financial system. then with the wreckage of our economy still smoldering, i asked tim to help us put it back t
ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by tim geithner and jacob lew. >> good afternoon, everyone. please have a seat. a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month....